75 Park East Drive

Property Overview

This two-storey home in Bridgwater Centre is a modern property built in 2015, offering a low-maintenance lifestyle in a sought-after neighbourhood. Its appeal lies in a combination of newer construction, a family-friendly layout, and a strong positional value within the community and wider city. The home sits on a generous 3,181 sqft lot with an attached garage and an unfinished basement, presenting a solid canvas for its next owners.

Key Characteristics & Ideal Buyer

The home’s primary strengths are its age and location. As an 11-year-old build, it ranks in the top 15% for newness within Winnipeg, suggesting modern building standards and less immediate concern for major repairs. The lot size is notably above average for its street (top 14%), providing more outdoor space than many neighbouring properties. With 1,730 sqft of living space, the floor plan is compact relative to the lot, which may appeal to those who prioritize yard space over interior square footage. The unfinished basement is a key feature, representing both a project and an opportunity for customization or future expansion to suit the buyer’s exact needs.

This property would suit a practical buyer—perhaps a young family or a professional couple—who values Bridgwater Centre’s amenities and planned community feel. It’s ideal for someone who wants a move-in-ready main living area but sees potential in personalizing the basement over time. The strong rankings for lot size and year built, against a relatively modest assessed value, indicate a property that offers good foundational value in a competitive market.

Frequently Asked Questions

1. What does the "top X%" ranking actually mean?
These rankings compare this specific property against all others on its street, in Bridgwater Centre, and across Winnipeg. For example, its lot size is in the top 14% on its street, meaning 86% of lots on Park East Drive are smaller. It’s a quick way to see how the home stacks up in key metrics.

2. The basement is unfinished. What should I consider?
This is both a cost and an opportunity. You’ll need to budget for finishing, but you gain the ability to create exactly the space you want—a legal suite, a home theatre, or extra bedrooms—without undoing someone else’s work. Check with the city regarding permit requirements for your plans.

3. How does the 2021 sale price compare to the current assessed value?
The home sold for $45.70k in June 2021, and its current assessed value is $45.10k. This relative stability in a short period may suggest a measured market valuation, but it's essential to have a current market appraisal to understand today's value.

4. The living area is ranked highly (top 7% in the neighbourhood). Is the house unusually large?
Not exactly. The high ranking for living area (1,730 sqft) within Bridgwater Centre likely reflects the neighbourhood's mix of home types. It means this home has more interior space than 93% of properties in the area, which is a positive, but the overall footprint remains manageable for a two-storey.

5. What is the immediate neighbourhood like?
Being in Bridgwater Centre, you are within a master-planned community known for parks, pathways, and newer schools. The specific street data shows very close proximity to neighbouring homes, which is typical for modern subdivisions, fostering a close-knit street feel but offering less privacy than older, more established areas.